Duality Advisers LP Trims Position in Graham Holdings (NYSE:GHC)

Duality Advisers LP lessened its holdings in shares of Graham Holdings (NYSE:GHC) by 13.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 788 shares of the company’s stock after selling 127 shares during the quarter. Duality Advisers LP’s holdings in Graham were worth $549,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in the business. Charles Schwab Investment Management Inc. lifted its stake in shares of Graham by 0.6% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 54,754 shares of the company’s stock worth $31,922,000 after purchasing an additional 335 shares during the period. AQR Capital Management LLC lifted its stake in shares of Graham by 27.2% during the 3rd quarter. AQR Capital Management LLC now owns 39,538 shares of the company’s stock worth $23,051,000 after purchasing an additional 8,443 shares during the period. Seizert Capital Partners LLC lifted its stake in shares of Graham by 1.2% during the 3rd quarter. Seizert Capital Partners LLC now owns 26,276 shares of the company’s stock worth $15,319,000 after purchasing an additional 301 shares during the period. Bronte Capital Management Pty Ltd. lifted its stake in shares of Graham by 1.4% during the 3rd quarter. Bronte Capital Management Pty Ltd. now owns 24,470 shares of the company’s stock worth $14,266,000 after purchasing an additional 329 shares during the period. Finally, London Co. of Virginia lifted its stake in shares of Graham by 1.0% during the 3rd quarter. London Co. of Virginia now owns 23,362 shares of the company’s stock worth $13,620,000 after purchasing an additional 233 shares during the period. Hedge funds and other institutional investors own 62.54% of the company’s stock.

Wall Street Analyst Weigh In

Separately, StockNews.com lowered Graham from a “buy” rating to a “hold” rating in a research report on Tuesday, April 16th.

Graham Trading Down 1.5 %

Shares of GHC opened at $706.43 on Friday. The company has a current ratio of 1.50, a quick ratio of 1.26 and a debt-to-equity ratio of 0.19. The firm has a market capitalization of $3.15 billion, a P/E ratio of 16.25 and a beta of 1.11. The stock’s fifty day simple moving average is $725.67 and its 200 day simple moving average is $680.31. Graham Holdings has a twelve month low of $551.36 and a twelve month high of $771.05.

Graham (NYSE:GHC) last issued its earnings results on Friday, February 23rd. The company reported $10.94 earnings per share for the quarter. The business had revenue of $1.17 billion for the quarter. Graham had a return on equity of 5.23% and a net margin of 4.65%.

Graham Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, May 9th. Investors of record on Thursday, April 18th will be given a $1.72 dividend. This represents a $6.88 annualized dividend and a dividend yield of 0.97%. The ex-dividend date is Wednesday, April 17th. Graham’s dividend payout ratio (DPR) is currently 15.83%.

Insider Buying and Selling

In related news, Director Katharine Weymouth sold 556 shares of the stock in a transaction on Thursday, March 14th. The stock was sold at an average price of $712.99, for a total value of $396,422.44. Following the completion of the sale, the director now directly owns 1,993 shares in the company, valued at approximately $1,420,989.07. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 20.50% of the company’s stock.

Graham Profile

Graham Holdings Company, through its subsidiaries, operates as a diversified education and media company in the United States and internationally. It provides test preparation services and materials; professional training and exam preparation for professional certifications and licensures; and non-academic operations support services to the Purdue University Global; operations support services for online courses and programs; training and test preparation services for accounting and financial services professionals; English-language training, academic preparation programs, and test preparation for English proficiency exams; and A-level examination preparation services, as well as operates colleges, business school, higher education institution, and an online learning institution.